Building Business

Boosting business with a new enterprise zone, Leon County and Tallahassee city commissioners are thinking about it for a segment of the city.

The Economic Development Council is identifying a 20-acre plot south of Tharpe and west of Monroe it says has the most potential for redevelopment.

The existing zone had to be changed. Demographic changes made it no longer eligible. The council says 315 jobs were created in the zone last year.

Brad Day of the Economic Development Council says, "Companies that relocate in the economic development zone get a $3,000 per job tax credit. Sometimes it'll be up to $7,000 to $8,000 they create, so there's a real incentive for businesses to relocate in those areas."

Day adds that he'd like to see at least 100 new jobs created in the new zone in the first year. County commissioners are looking at the item. City commissioners will have their turn Wednesday.